Kenyan telecoms operator, Safaricom has been granted an operating mobile money transfer licence by the National Bank of Ethiopia (NBE). The NBE announced in a statement...
An official of the International Monetary Fund (IMF), Julie Kozack has revealed that talks are ongoing with Ethiopian authorities for fresh debt restructuring. Kozack, who is...
Egypt’s inflation rate fell from 39.5% in March to 38.6% in April. The Egyptian central bank released data on Wednesday which showed headline inflation on a...
Zambia has continued its attempts to have its debt restructured, as its president, Hakainde Hichilema met French President, Emmanuel Macron in Paris on Wednesday with the...
The Rwandan unit of international financial firm, I&M Bank has confirmed that it lost $10.3 million to fraudulent customer withdrawals under three months. The firm disclosed...
A recent regional survey has revealed that Ethiopia now tops Kenya’s investments in the East African region. The survey shows that Tanzania and Uganda have been...
An array of natural resources including light oil, gas condensate and helium has been discovered in Zimbabwe. Invictus Energy, an Australia-listed firm which is a major...
All is set for Nigeria’s 650,000 barrels per day (BPD) integrated refinery project to be launched in Lagos, the country’s commercial capital. The presidency, through an...
A recent report by the International Monetary Fund (IMF) has revealed that trade integration can unlock major benefits for the continent. African leaders have demonstrated a renewed...
As the effect of the ongoing clash in Sudan continues to bite, the country’s biggest telecommunication network, MTN Group says its operations have been affected as...
South African disc jockey, DJ Black Coffee, has been named the World’s Best DJ 2024 at the Golden Moon Awards....
The draw for the 2024 Women’s Africa Cup of Nations (Wafcon) holding in Morocco from July 5 to 26 next...
The Zambian government has announced the successful repatriation of a one-year-eight-month-old child who was trafficked to Mozambique. Making the announcement...
Some Nigerians based in Finland have been thrown into panic mode following the arrest and detention of the self-styled Prime...
In an effort to maintain a tight eye on the economy, Mauritius’ Prime Minister, Navin Ramgoolam, who took office this...
Following the completion of a recent visit to Egypt, the International Monetary Fund (IMF) has announced that its mission had...
A day after dismissing Choguel Maiga for criticising the government, Mali’s governing junta named its spokesperson, Abdoulaye Maiga, as Prime...
Brazilian meatpacker JBS says it has inked a memorandum of understanding with the Nigerian government for a $2.5 billion investment...
Morocco’s official media reports that Chinese President, Xi Jinping, visited Morocco briefly on Thursday. According to Morocco’s MAP, Crown Prince...
A survey conducted by the National Bureau of Statistics (NBS) has revealed that around 65% of Nigerian households, which is...